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A stock has returns of 15 percent, 13 percent, 7 percent, 12 percent, and 7 percent. What are the arithmetic and geometric returns?
A stock has returns of 15 percent, 13 percent, 7 percent, 12 percent, and 7 percent.
What are the arithmetic and geometric returns?
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Entrepreneurial Finance
Authors: Gary E. Gibbons, Robert D. Hisrich, Carlos Marques DaSilva
1st Edition
1452274177, 978-1452274171
